Defined Benefit (Pension) · DOL Form 5500 · 2023

New England Federal Credit Union Pension Plan

Data updated 2026-08-25

N/A
Total assets
45
Participants Small participant base
PlainRetire home → About this data RSS: change history

Official DOL plan name: New England Federal Credit Union Defined Benefit Plan and Trust · Sponsored by New England Federal Credit Union · Vermont · Finance & Insurance

N/A in assets, 45 participants

New England Federal Credit Union's New England Federal Credit Union Defined Benefit Plan and Trust reported N/A in total assets and 45 participants in its 2023 DOL Form 5500 filing. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

New England Federal Credit Union multi-year trail

New England Federal Credit Union's plans moved +56.1% in assets from 2022 to 2024; this filing shows New England Federal Credit Union Defined Benefit Plan and Trust at N/A / 45 participants.

-$26M
reported net income

The plan reported a net loss of $26M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

New England Federal Credit Union Defined Benefit Plan and Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. New England Federal Credit Union Defined Benefit Plan and Trust is a small filing (45 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New England Federal Credit Union Defined Benefit Plan and Trust reported net income fell from -$6M in the plan year 2022 filing to -$26M in the plan year 2023 filing.
  • New England Federal Credit Union Defined Benefit Plan and Trust reported participants fell from 46 in the plan year 2022 filing to 45 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 030213411 · New England Federal Credit Union PY 2023 · Defined Benefit (Pension)

New England Federal Credit Union Defined Benefit Plan and Trust · N/A · 45

  • IND N/A
  • EOY 45
  • 5500 PY 2023
  • ASSETS Defined Benefit (Pension)
  • PCT near Cosmetic Laboratories, Inc. Cash Balance Plan
  • EIN -$26M

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Vermont →

New England Federal Credit Union multi-year asset trail

Sponsor-wide plan assets over time

All New England Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$64M 56.08417523766433% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $41M $64M ▲ +56.1%
Year Plans Participants Total Assets
2022 2 268 $41M
2023 2 279 $47M
2024 1 419 $64M

New England Federal Credit Union filing trail (2023)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)N/A
Net Income-$26M
Employer EIN030213411
Plan Effective Date1971-01-01
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Vermont

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

New England Federal Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Vermont, assets vs. participants Scatter plot of 5 data points. 02004006008001000 0100200300400 Total assets ($M) Participants National Life Group Pension Plan for Employees, Total assets ($M): 322.826507 · Participants: 789National Life Group Pension Plan for EmployeesEmployees' Retirement Plan of Green Mountain Power Corporation, Total assets ($M): 144.600053 · Participants: 230Employees' Retirement Plan of Green Mountain Power CorporationCentral Vermont Medical Center Employees Pension Plan, Total assets ($M): 98.336256 · Participants: 451Central Vermont Medical Center Employees Pension PlanNon-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of Vermont, Total assets ($M): 65.512531 · Participants: 311Non-Contributory Retirement Program for Certain Employees of Blue Cross and Blue Shield of VermontVermont Mutual Insurance Company Employees' Pension Plan, Total assets ($M): 59.946958 · Participants: 80Vermont Mutual Insurance Company Employees' Pension Plan
New England Federal Credit Union Defined Benefit Plan and Trust vs. nearby Defined Benefit (Pension) plans in Vermont, assets vs. participants

New England Federal Credit Union Defined Benefit Plan and Trust's closest out-of-state Defined Benefit (Pension) peers by headcount

Outside Vermont, the nearest Defined Benefit (Pension) by covered participants is Cosmetic Laboratories, Inc. Cash Balance Plan in TX (45 participants; this filing: 45 participants).

Similar participant headcount

Nearest other-state filings by covered participants (45 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How have New England Federal Credit Union plan assets changed over time?
Across 3 plan years on file (2022-2024), New England Federal Credit Union's sponsor-wide assets grew 56.1%, from $41M to $64M.
Which Defined Benefit (Pension) plans cover a similar participant headcount to New England Federal Credit Union Defined Benefit Plan and Trust?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Cosmetic Laboratories, Inc. Cash Balance Plan in TX (45 participants, $315 in assets).